logo

This website uses cookies to ensure you get the best experience on our website.

Read through our Privacy Policy to learn more.

 Go Back

Devon Energy: Q4 Earnings Snapshot

By AP News - Feb 18, 2025, 04:25 PM ET
Last Updated - Feb 18, 2025, 04:25 PM EST
Devon Energy: Q4 Earnings Snapshot

OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Devon Energy Corp. (DVN) on Tuesday reported fourth-quarter profit of $639 million.

On a per-share basis, the Oklahoma City-based company said it had net income of 98 cents. Earnings, adjusted for non-recurring costs, were $1.16 per share.

Sponsored

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1 per share.

The oil and gas exploration company posted revenue of $4.4 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $4.24 billion.

For the year, the company reported profit of $2.89 billion, or $4.56 per share. Revenue was reported as $15.94 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DVN at https://www.zacks.com/ap/DVN

Sponsored
Sponsored
Sponsored
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
    Phone: +1 (425) 414-0184
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
    Phone: +91 80 4902 2100
4.2 20250415